The Jelly Bean Game - A Fun Game to Teach Kids About Money Management (2024)

FAQs

How do you teach kids about money games? ›

Together, decide how to spend your 25 beans to get what you think your family needs and put the appropriate number of beans beside each choice. As you talk, you can move your beans from one category to another until everyone agrees. You are not required to use every category if you don't feel the need to.

Cutting down a budget teaches you about your money values and could lead to behavior changes that align with your long-term goals. Tools like the PACED model and experiences from budgeting simulations like Spent can enhance financial planning skills and highlight the importance of understanding living wages.

Guess the Jellybeans is a classic fundraiser, simple to set up and very popular with kids. For a small price, people are asked to guess how many jellybeans are in a large jar. The guess closest to the correct number is the winner and gets to take the jar home.

Jelly Bean Guessing Competition Count them first, then fill a jar with jelly beans or other lollies. Display the jar at work and ask everyone for $2 per guess. The winner wins the jar! Chocolate Drive Organise boxes of chocolates from a chocolate company to sell at your workplace.

The object of the game is to have the most money at the end of the game, which is over after as many months as the players decide on. Players may start or add to their savings only on Pay Day. Players may withdraw all or part of their savings only on Pay Day (if the player wishes to withdraw at another time).

The way money-earning games work varies depending on the game type. For instance, some games pay players for completing surveys, while others offer rewards for watching videos or playing games. In some cases, players can earn virtual currency or points, which can be converted to real money.

for school-age children

Identify and understand the differences between the appearances and values of coins. Understand how much money is needed to purchase an item and how to count change. Understand that money lost will not be replaced. Understand that things cost money.

The Bean Game

Jumping Beans - children jump into spaces. Kidney Beans - children (kids) hop around holding onto a knee. Baked Beans - children lay flat on their backs as if they are baking in the sun. Broad Beans - children move around making broad shapes with their bodies.

Each individual/group receives 20 beans and a set of spending category sheets. The individual/group must decide how to spend their “income” based on life circ*mstances, values and goals. Each item has a set number of squares which indicates how many beans are needed to “pay” for that item.

What is the best way to learn about money? ›

Create a budget

It will take a little effort, but it's a great way to get a quick snapshot of the money you have coming in and going out. Setting up a budget helps you keep track of your money, so you to when you can spend and how to avoid going into the red.

The game is designed so that two Jelly Belly jelly beans look IDENTICAL but have VERY different flavors. For example, a brown Jelly Belly may be Chocolate Pudding but it may also be Canned Dog Food. The catch is that there is absolutely no way to tell–not by color or smell. You won't know until you bite into the candy.

Jelly bean cards are laid out in front of the players. All players roll simultaneously and try to quickly grab a card matching the jelly beans they rolled. If a player rolls a wild, then they may grab a jelly bean card from another player. The winner is the player who grabs the most jelly bean cards.

Tell the students that they will each get to taste some jellybeans and they have to guess the flavours. Pass around the jellybeans in little cups, ask the students to taste each bean (going colour by colour, one at a time), when you say so and have them guess the flavour.

To teach The Jelly Bean Prayer to your kids, start by reading it to them. As you read it aloud, give them a jelly bean of each color as you share the symbolism of each one. Afterwards, have them teach it back to you. For each line they recite, they receive a bean of that color.